TDS Rates Chart for AY 2022-23/ FY 2021-22: It is very easy to check the TDS rate for any payment and for any payee even a layman can check it.
Download TDS Rates Chart from ICMAI
Check Also: TDS Rates AY 2021-22 FY 2020-21
Health & Education cess and Surcharge on TDS (AY2022-23)
| Payee Type | Health & Education Cess | Surcharge |
| Individuals/HUF/Co-operative/AOP/BOI/AJP/Firm/Domestic Company on Payment of incomes other than Salary & Wages | No | No |
| Non-Resident and Foreign Companies | Yes | Yes |
Surcharge on TDS for AY 2022-23
| Payee | Surcharge |
|---|---|
| Individuals – Payment Above ₹50 Lakh but below ₹1 Crore | 10% of TDS/Tax |
| Individuals – Payment Above ₹1 Crore but below ₹2 Crores | 15% of TDS/Tax |
| Individuals – Payment Above ₹2 Crores but below ₹5 Crores | 25% of TDS/Tax |
| Individuals – Payment Above ₹5 Crores | 37% of TDS/Tax |
| Foreign Companies – Payment above ₹1 Crore but below ₹10 Crores | 2% of TDS/Tax |
| Foreign Companies – Payment above ₹10 Crore | 5% of TDS/Tax |
| Co-operative Society and Firms – Payment exceeds ₹1 Crore | 12% of TDS/Tax |
Education Cess on TDS AY 2022-23
| Payee | Surcharge |
|---|---|
| All Non-Residents | 4% of TDS + Surcharge |
Important Conditions on TDS Rates (AY 2022-23)
The TDS rates are subject to provisions of section 206AA and 206AB. If same are applicable then TDS rate for AY 2022-23 will be as under;
1) Payee does not furnish PAN to the deductor
Section 206 AA will be applicable and the TDS rate will be as follows:
Higher of;
- At the rate of relevant provision
- At the rate in force
- At the rate of 20%
2) Payee has not filed ITR for 2 PYs preceding the year in which TDS is deducted
Section 206AB will be applicable and the TDS rates will be as follows (w.e.f. 01.07.2021)
Higher of;
- Twice the rate of relevant provision
- Twice the rate in force
- At the rate of 5%
3) No PAN and ITR Filed/Where 206AA and 206AB both are applicable
The TDS rate will be higher of rate determined under 206AA and 206AB.
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